Norton Motorcycles, Inc. and Norton Motors Deutschland Form Alliance
12 July 1999
Norton Motorcycles, Inc. and Norton Motors Deutschland Form Strategic AllianceMINNEAPOLIS, July 12 -- Norton Motorcycles, Inc. (OTC Bulletin Board: NRTN) announced that it has entered into a license and distribution agreement with Norton Motors Deutschland (NMD), a Munich based distributor of classic Norton parts and holder of certain European Norton trademarks. The Agreement provides Norton with a 5 year exclusive trademark license with extension and purchase options. In addition, NMD has been appointed the distributor of Norton products in Germany. John Fiebelkorn, Norton's Managing Director of Sales and Marketing, stated, "the alliance solidifies Norton's worldwide distribution allowing Norton to distribute its products under the famous Norton trademark throughout the world." Mr. Joachim Seifert commented, "Our alliance is logical and should work to the mutual benefit of Norton Motorcycles, Inc. and Norton Motors (Deutschland) GmbH. I feel it gets the Norton marque not only just back on the road again, with first class product and a sound financial base, but up front with the Best -- where it belongs." BACKGROUND Headquartered in Plymouth, Minnesota, Norton Motorcycles, a development stage enterprise, will market a line of motorcycles and motorcycle products throughout the world. Norton is presently engaged in the design and development of a line of high-performance, premium motorcycles and the marketing of motorcycle products. All of the products will be sold under the famous "Norton" brand name, which will provide its motorcycles with worldwide appeal and brand recognition among motorcycle enthusiasts. Additional information is contained in the Company's new Internet web site at http://www.nortonmotorcycles.com. Information provided herein by the Company may contain "forward-looking" information. These cautionary statements are made with the objective of obtaining the benefits of safe harbor provisions of applicable legislation. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that the actual results may differ materially from those in the forward-looking statements as a result of various factors including but not limited to the development stage nature of the Company.